Steven Sterin, a director at Kosmos Energy Ltd. (NYSE: KOS), reported a sale of company common stock, according to a Form 4 filing with the SEC.
On May 27, 2026, Sterin disposed of 38,636 shares at $2.73 each, totaling $105,476. The sale was to partially cover tax liability from restricted share units vesting under the Long Term Incentive Plan.
The transaction comes as Kosmos Energy shares have declined 9.6% over the past week, yet surged 202% year-to-date. According to Bond.az analysis, the stock remains undervalued relative to its Fair Value and appears on the Most Undervalued list.
Separately, on May 28, 2026, Sterin was granted 62,044 restricted share units valued at $2.74 each, totaling $170,000. These units will vest fully on May 28, 2027, or the day before the first annual shareholder meeting after the grant date.
In other news, Kosmos Energy reported a challenging Q1 2026 with EPS of -$0.45, missing the $0.08 estimate. Revenue of $370.89M also fell short of the $423.01M forecast. To address finances, the company raised $350M through senior secured notes and redeemed $100M of notes due April 2026. S&P Global Ratings upgraded Kosmos Energy to 'B-' from 'CCC'.
On the analyst front, Mizuho downgraded Kosmos Energy to Underperform from Neutral. Par Pacific Holdings received an upgrade to Outperform from Neutral, with a price target raised to $79 from $58.
